So, who has any information on the rumor that explains why Trump blinked?

[Baitball Blogger]

Read on Facebook that our allies have been quietly purchasing Treasury Bonds, so what should have happened when the stock market started tanking, didn't happen. Instead of people buying bonds, there was a strategic off-loading of the bonds. Dumping off bonds at a time when the US needs money, which sinks the value of the dollar.

And it ends with this: Foreign countries own 8.53 Trillion in US debt.

BTW, Carney from Canada is alleged to have had a call to Trump to explain this to him. I don't know the timing of the call, but it would add to the evidence that Trump knew he was going to buckle on tariffs if it happened before that text where he told people to buy stocks.

I won't copy and paste the link because I no longer have any confidence in postimage.org since it appears to have an umbilical cord attached to the posts you copy.

[underpants]

1. I don't take that as a rumor. That's pretty much how I understand it

Clinton ran into this during his early first term. He had something in mind but was advised the bond market wouldn’t like it. He said it was a wake up call for him on how many considerations have to go into every move.

I agree on postimage. It seems to me that anything at all political has a short shelf life there.
I’ve just been using meme generator

https://imgflip.com/memegenerator

[Baitball Blogger]

2. Thank you underpants!

Do you think they're Trumpian? The post they removed was anti-Trump.

[underpants]

7. Well I don't use it for pro-Trump stuff so I don't know if it's one or the other

They may just be looking for anything political at all.
Who knows?

When I do a meme thread just the really political ones would die off after a day so I tried meme generator and they seem to stay forever.

[CincyDem]

3. The bond market is 3x larger than the stock market.

The “rich, but want more” folks…they’re in the stock market.

The “rich enough to be meaningful political donors” folks…they’re in the bond market.

Screw around all ya want with stock prices but the golden rule is do not f’ck with the bond market.

And that’s why international partners responded by dumping bonds, and it got his attention because it got his donors’ attention.

[taxi]

4. From an OP here on DU

https://www.democraticunderground.com/100220228203

[underpants]

6. That's a great read. Thanks

[Baitball Blogger]

8. Thank you! great link.

[Phoenix61]

5. IMHO, it was when China said they would fight to the end

They have survived for 4,000 years. Talk about playing the long game. The only country that holds more US debt than them is Japan.

[617Blue]

9. They were in a panic Tuesday night. *

[Wonder Why]

10. To save his ass. Why else?

[Botany]

11. P.M. Carney has a PhD in economics and Krasnov flunked out of Fordham after which his dad bought him ..

Last edited Fri Apr 11, 2025, 01:35 PM - Edit history (2)

… a degree from the University of Pennsylvania (Wharton is much better known for its MBA program
which Krasnov was not admitted to).

Carney beat Krasnov along with many European Countries because they also own a large
chunk of our debt so they just had to start making some moves in the Bond Markets and
Krasnov folded like card table.